Active Commercial Sale  |  Commercial  |  MLS #1596548
  • 215 Lake Avenue E

    Ladysmith, WI 54848
    • 3,907 Square
      Feet
    • 0.45 Total
      Acres
  • $315,000

    $81/Sq.Ft.

Give your business a visible home in the heart of Ladysmith! Positioned at Lake Avenue East and Highway 8, this approximately 3,900-square-foot commercial property combines a prominent corner location, on-site parking, and Flambeau Flowage frontage. Two parcels are included, with three distinct commercial spaces and a single-level, zero-entry layout. The west unit is occupied by a nail salon renting for $1,050/month through September 2028, with landlord-paid utilities. The vacant east office and former laundromat space offer room for your own business or future tenants. Explore office, retail, or service-business possibilities, subject to zoning, existing lease terms, and required approvals. The laundromat is closed and not generating operating income; existing laundry equipment remains, with numerous machines reported nonoperational. An opportunity to establish your business location, retain an existing tenant, and shape the remaining space around your plans.

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Interior Features

  • Above Grade Finished Area: 3,907 SqFt
  • Accessibility Features: Accessibility Features, Other, Accessible Entrance
  • Building Area Total: 3,907 SqFt
  • Cooling: Central Air, Other, See Remarks
  • Foundation: Poured
  • Heating: Baseboard, Forced Air
  • Living Area: 3,907 SqFt

Exterior Features

  • Building Features: Private Restrooms
  • Construction: Log, Wood Siding
  • Lake/River Name: Flambeau
  • Lot Size: 0.45 Acres
  • Road Surface: Asphalt
  • Road Type: City Street, Highway
  • Sewer: Public Sewer
  • Water Source: Public
  • Waterfront Length: 120 Ft

Property Details

  • 2025 Taxes: $8,757
  • County: Rusk
  • Possession: Subject To Tenant Rights
  • Possible Use: Office, Retail
  • Property Subtype: Commercial
  • School District: Ladysmith
  • Status: Active
  • Township: City of Ladysmith
  • Year Built: 2007
  • Zoning: Commercial, Shoreline
  • Listing Office: Keller Williams Realty Diversified
  • Last Update: October 21st @ 1:58 PM

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